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McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: Salaries and wages earned Employee income taxes withheld FICA
McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: Salaries and wages earned Employee income taxes withheld FICA taxes withheld Unemployment taxes $400,000 37,000 28,600 2,790 Required: 1. Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for Morch 2. & 3. Prepare the journal entry to record the payroll for March, Including employee deductions (but excluding employer payroll ta= and record employer's FICA taxes and unemployment taxes Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March Total Labor Cost Reg 2 and 3 >
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